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- 17. Passports for all Canadians, regardless of age, are valid for 10 years. O True O False 18. Canadians intending to visit China require a passport that is valid for at least six months beyond the date of the expected departure from the country. Jhy O True O False 19. Children under 16 years of age are not required to have their own passport. Adding a child's name to a parent's passport is sufficient. O True O FalseIf the TC= $97,000, at the profit= zero. The TR is equal to: O a. $97,000 O b. $0 O c. Profit = CF O d. No valueThe holding cost at a retailer is 35 percent per year. The retailer's annual inventory turns equal three. How much does it cost the retailer to hold a dress that is purchased for $50? O $22.27 O $8.75 $5.83 $17.50
- You deposit $700 in your savings account for a year. By the end of the year, the value of your deposit increases to $730. What interest rate is your bank paying on the savings account? Choose one: O A. 0.04% B. 0.23% C. -4.11% D. 4.29%17-4 Your company has a customer who is shutting down a production line, and it is your responsibility to dispose if the extrusion machine. The compnay could keep it inventory fir a possible future product and estimates that the reservation value is $250,000. Your dealings on the second market lead you to believe that there is a 0.4 chance a random buyer will pay $300,000, a 0.25 chance the buyer will $350,000, 0.1 chance the buyer will pay $400,000, and a 0.25 chance it will not sell. If you must commit to a posted price what price maximizes profits?q 0 1 2 3 4 5 6 TFC $5 5 5 5 5 5 5 TVC $0 3 Marginal revenue is 5 9 16 25 36 MC $3 2 4 7 9 11 P= MR $5 5 5 5 5 5 5 TR $0 5 10 15 20 25 30 TC $5 8 10 14 21 30 41 Profit $-5 - 3 0 1 - 1 -5 - 11 A profit-maximizing firm should produce a quantity of 3 units. (Enter your response as a whole number.) marginal cost for the first units of output. If the company decides to produce more than units, the marginal cost would exceed marginal revenue and profit would
- 14-If a paper mill shuts down its operations for three months so that it produces nothing, its __________________ will be reduced to zero Group of answer choices variable costs fixed costs opportunity costs total cost22 Malsolm operates "Serenity Travels", a sole proprietorship. To raise capital, Malcolm contacts Insn ho has a lot of money and is willing to invest in his business. If Malcolm wants to make Inara an ouner but wants to kecep all of the management duties for himself, the best type of business entity to form would be a: a. General Partnership. b. Limited Partnership. c. Limited Liability Company d. Corporation5. Rearden Metals is considering opening a strip mining operation to provide some of the raw materials needed in producing Rearden metal. The initial purchase of the land and the as- sociated costs of opening up mining operations will cost $100 million today. The mine is expected to generate $30 million worth of ore per year for the next 10 years. In 11 years, when the project is over, Rearden will need to spend $200 million to restore the land to its original pristine natural appearance. Which of the following is FALSE? A) Rearden should only use the NPV rule in this case to determine whether to make this investment. B) Rearden could use either the NPV rule or the IRR rule in this case, and will get the same answer regardless of the cost of capital. C) In this case, the NPV will not necessarily be decreasing in the cost of capital or discount rate used. D) Rearden should not use the payback rule in this example because it is likely to be mis- leading. E) Rearden could make a mistake…
- 41-Marginal cost can be improved by taking which of the following steps? O a. Reducing fixed costs. O b. Increasing the variable cost O c. Changing the business plan frequently O d. Investing the capital in share marketPlease correct adn incorrect option explain A typical characteristic of joint products is that: Select one: a. a rise in the price of one of them reduces the demand for the others. b. a fall in the price of one of them decreases the demand for the others. c. the average fixed cost of production remains constant. d. the average variable cost declines as the variety of products increases. e. the average total cost decreases throughout as the production increases. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.1. ABC Co. has a preferred stock with an annual dividend of $8.5 per share. If the required return on this preferred stock is 17.5%, at what price should the stock sell? * a) $106 b) $105 c) $103 O d) $113.33 O e) None of the above